CIDCO attends Global Airport Development Asia 2015 at Malaysia

GAD Asia 2015 was held in Kuala Lumpur, Malaysia from 9 – 11 June 2015. It is the only conference dedicated to airport development and finance in Asia. GAD Asia looked at strategies for airport development in order to meet the needs of this high growth region, explore the role of private sector capital and expertise through concessions and PPPs and best practice for these transactions. The event brought together airport operators, airlines, governments, regulators and decision makers with potential investors from the region and around the world.

The delegation from CIDCO consisted of

  1. Joint Managing Director Ms. V. Radha, IAS
  2. Mr. Soma Vijaykumar, Chief General Manager (T&A)
  3. Mr. S. S. Chaudhari, Chief Engineer, Navi Mumbai (North)
  4. Mr. P. Suresh Babu, Additional Chief Planner (A&R)

 

Excerpts from our interview with Mr. P. Suresh Babu

What was the primary objective of the conference? Did you find your experience to be productive?

The conference was primarily meant to bring together airport operators, financers and policy makers to enable sustainable financing of airport development projects of all scales, shapes and sizes, while making them efficient for smooth and quick flow of traffic. Since CIDCO is in the process of building one of the world’s largest greenfield international airports with the aim of offering world class facilities for passengers, aircrafts, airline operations as well as cargo it is useful to know different approaches for financing such infrastructure development.

 

Can you talk about your airport exposure visit to Kuala Lumpur and Hong Kong airports?

Kuala Lumpur and Hong Kong airports handle huge amount traffic from Asia, Middle East and Europe with great efficiency. Kuala Lumpur airport has two terminals which serve domestic as well as international traffic and are connected by an automated shuttle train. Hong Kong airport is currently under construction for addition of a new terminal. Both of these airports are very systematic and efficient and maintain a quick flow of traffic through them. They have been designed and built considering present and future needs.

 

You can read the full interview in the CIDCO@Smart newsletter here